borrower has a 30-years mortgage loan for $400,000 with an interest rate of 6% and payments. If she wants to pay the loan after 8 years, what would the outstanding balance of the loan?

Suppose you have a 20 year mortgage for $493,194 with monthly payments of $29895. What is the total amount of interest you paid for your mortgage?

You bought a house with a $430075 mortgage that you will pay off over 29 years.  Given your credit score, your interest rate is 7.27%.    What is your monthly payment? Answer:

If a consumer borrows a loan of $23, 000, and pay it off in 5 years, including the finance charges of $1, 000, What is the effective annual rate of interest?

If you have a $125,000 mortgage with a $700.00 monthly payment, payable over 30 years, what interest rate are you paying?

A borrower has secured a 30 year, $154,00O loan at 7% with monthly payments. Fifteen years later, the borrower has the opportunity to refinance with a fifteen year mortgage at 6%. However, the new loan requiers the borrower to pay 2 points at chopsing. What is the return on investment if the borrower expects to remain in the home for the next fifteen years? Please input your answer as an annual interest rate (i.e. 8.32% would be input as 8.32).

A borrower obtains a $300, 000 reverse annuity mortgage with monthly payments over 5 years with a $50,000 advance. If the interest rate of the mortgage loan is 7.5 %, what is the monthly payment received by the borrower? using finance calculator